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InterContinental returns to Bangkok

Travel News Asia 16 July 2003

InterContinental Hotels Group announced today the newly branded InterContinental Bangkok, formerly known as the Le Royal Meridien, as the latest addition to its brand portfolio of InterContinental Hotels and Resorts.

This 381-room luxury hotel, which is owned by President Hotel and Tower (PHT) is centrally located, along Ploenchit Road, amongst some of the finest shopping in Bangkok and very close proximity to the Chitlom BTS skytrain station, making it convenient to explore Bangkok with ease.

According to Chalermbhand Srivikorn, Chairman of PHT, joining the IHG family of hotels will add considerable value to their properties. "IHG reflects our vision of providing outstanding accommodation and services in Bangkok's best location. They offer powerful, well-positioned brands backed by unmatched expertise and the resources of a global network. We look forward to a long and fruitful relationship with IHG and are delighted with the plans they have to enhance the properties. We are confident that IHG will bring even further success to our properties, both in terms of customer loyalty and in terms of financial returns."

Mr. A. Patrick Imbardelli, Managing Director, InterContinental Hotels Group, Asia Pacific commented, "We are pleased and honoured to form an alliance with the Srivikorn and Charoen-rajapark families and believe that it will be a mutually beneficial relationship for both organizations as we work closely to enhance revenue and returns for the hotel property. InterContinental Bangkok is a significant addition to our portfolio and we are very excited about it. A superb property in an exceptional location."

"I strongly believe the InterContinental Bangkok will set new service standards with its distinctive offering of international understanding, complemented with Thai hospitality, which will greatly appeal to international business and leisure travellers."

 "Importantly, the entry of InterContinental Bangkok into the marketplace helps put our brand right in the heart of one of Asia's most dynamic and intriguing cities. This marks the roll out of our intensive but strategic expansion plans for Thailand for the next few months as we believe that Thailand has the growth potential, being a premiere tourist destination and a gateway to Southeast Asia, serving as a hub for inbound and outbound travellers, from all around the world. In fact, tourism into the country will receive an added boost with commendable efforts by the Tourism Authority of Thailand to make Thailand the tourism capital of Asia." Mr. Imbardelli added.

The transformation of InterContinental Bangkok will continue for the next six months with refurbishment activities focusing on its lobby and restaurants.

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